Vanguard Mega Cap Growth ETF $MGK Stock Position Lowered by TFB Advisors LLC

TFB Advisors LLC decreased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 16.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 36,102 shares of the company’s stock after selling 6,967 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 4.2% of TFB Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. TFB Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $14,412,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Meridian Wealth Management LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 5.4% during the 3rd quarter. Meridian Wealth Management LLC now owns 4,208 shares of the company’s stock worth $1,694,000 after buying an additional 217 shares in the last quarter. Mutual Advisors LLC lifted its stake in Vanguard Mega Cap Growth ETF by 8.7% in the third quarter. Mutual Advisors LLC now owns 5,827 shares of the company’s stock worth $2,375,000 after acquiring an additional 467 shares during the period. Keybank National Association OH grew its holdings in Vanguard Mega Cap Growth ETF by 1.7% during the 3rd quarter. Keybank National Association OH now owns 5,544 shares of the company’s stock worth $2,231,000 after acquiring an additional 95 shares in the last quarter. Cornerstone Wealth Management LLC increased its position in Vanguard Mega Cap Growth ETF by 4.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 1,271 shares of the company’s stock valued at $511,000 after purchasing an additional 55 shares during the period. Finally, Townsquare Capital LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 9.3% in the 3rd quarter. Townsquare Capital LLC now owns 1,003 shares of the company’s stock valued at $404,000 after purchasing an additional 85 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.8%

Vanguard Mega Cap Growth ETF stock opened at $405.85 on Monday. The firm has a market cap of $31.83 billion, a P/E ratio of 37.33 and a beta of 1.18. The business has a fifty day moving average of $412.05 and a two-hundred day moving average of $401.59. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80.

Vanguard Mega Cap Growth ETF Profile

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.